there is little the company can do. the ceo mister Wu bought shares direct. i would rather have like he purchased from the market. they company has like 90 percent equity. maybe they can loan a little money and buy back shares from market.
Because of historical bad examples, there is a general mistrust of Chinese companies listed on the U.S. markets. This has affected Cleantech Solutions (CLNT) through unfounded "guilt by association".
Given the negative effect this phenomenon has for the company's shareholders, what are the plans of the company in this regard.
Sentiment: Strong Buy
Now that's really a micro-company. Anyway, it's really hard to understand how the market evaluates those chinese companies, CLNT price is relly ridiculous. I am going to seek for something strange through the lines of the balance sheet
Perhaps someone can check out at the Investors' Day coming up.
The stock has gone up so much lately, so let some folks to take profit (and feel sorry later....)
I was not impressed with last ER cuz the all important Dyeing/Finishing equipment segment was not growing as fast as I hoped---+7.3% only I believe. This qtr the number is much better, at +24.3%. I'm hoping next qtr will be EVEN better. Hang on to your shares folks!
Hello wisult. could you tell me why you are not impressed. the earnings are very nice for the price per share. What is it you look for? devidend other items they can address?
Well with a P/E of 1.5 sooner or later this should shine. P/E is lower for chinese companies but a lot of them have at least somthing around 7.